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Earnings Per Share (EPS) Calculation: Compute the earnings per share (EPS) for ABCD Corporation using the given information: Item Amount ($) Net Income 200,000 Preferred

Earnings Per Share (EPS) Calculation:

Compute the earnings per share (EPS) for ABCD Corporation using the given information:

Item

Amount ($)

Net Income

200,000

Preferred Dividends

20,000

Average Common Shares Outstanding

100,000

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